Unlock the greatest resource of your company with business intelligence. Do you remember? Information Technology? It seems that many firms Word of the computer age was supposed to focus on information and efficiency. Instead, the computer industry has to be on the collection of data for their own interests. In recent years the concept of Business Intelligence (BI) has evolved and so many managers were reminded why they collect all this data in the first place. As a manager you must be able, questions ask about your business operations and provide a clear answer from the information on computer systems include: * Sales figures seasonal buying trends * * Geographical distribution of bulk customers * staff efficiency and power * * advertising campaign effectiveness and other analytical procedures, if it is not possible, you make decisions in the dark. Business Intelligence is the torch that can illuminate the path. Back in the mid-90s, Joe’s Garage has installed a computerized files. This was not a stand-alone PC with database management software that came free with a magazine and installs the details of customer, sales and inventories Flash. Joe was carefully entering each customer and transaction data for fifteen years. Large companies have to use business intelligence, even the largest organizations in the world is investing heavily in business intelligence and are busy reaping the benefits, most companies think of treasure buried by pirates and never raised issues and in some cases, remember that this general is. You have already kind of business intelligence, most companies make a profit from the smallest amount of BI, the default is present in the process of business analytics software. Something as simple as checking a customer’s payment history before the adoption of credit is an example of BI is to work. Unfortunately, extraction of complex information about the capabilities of most enterprise software company. Joe uses only the coordinates of its customers when they tell them when they needed parts have been shipped need. One day, Joe bought a pallet of oil at a reasonable price and realizes he can give cheap oil changes. Unfortunately, not the computer system on a list of customers that do not change the oil bought last year. Databases, buried the hidden treasure each little evidence that giving your current software, there are many treasures hidden deep in your records. Make a big part of your customers always buy an add-on, including the acquisition of its main agenda? And customers who are not – are they aware that this extension is available? Is your software answer to this question? The answer to these questions (and many others) is in the details that are found already stored in your corporate database, and retrieval of these reactions is the heart of Business Intelligence. I worked as a specialist in BI more than a decade, and every, every, the assignment think made I I managers who have the wealth they have acquired in the ordinary course of business, surprised, and examine how this information their activities may be in a positive direction to move. Undeterred, spends his weekends and two evenings Joe manually look through every record on its database. At the end of this lengthy process, he has a list of thirty customers who do not have their oil changed in twelve months or more. But, as Joe was scouring the records of recent years, it identifies a different model – an additional oil is included as standard in all cars services. He knows that provide the high oil prices prompt release could operate more profitably in his garage, and if the advertising also could win new customers. To find out which customers to target, Joe must find his hand to start over. Unlock the treasure chest The idea of business intelligence is to use a series of reports to access the corporate database and then analyze the available data in order to clear and accurate information to the requirements of decision-makers will meet. Most enterprise applications, whether included on the shelf or custom, a core set of reports set. These vary in usefulness of the package to the package can be, and a whole series of reports for a company completely useless to another. These reports are usually of a programmer usually without BI know-how, and certainly not aware of your company or business process analysis, you need developed. To compensate for this short of the accuracy of reports, some products offer a limited selection of tools to extract data in a table. This will only produce a large amount of data accepted in mixed in a different format. Tables have a number of useful tools, but the wrong application for this work and, even simple tasks a lot of time and error prone. Obviously the ideal way to keep your valuable data resource access to reports with data grouped into common means to create and compare the results. This can be a bit seasonal sales for a particular product, the person most effective in a call center to be identified. BI during my career, I worked on projects for performance optimization and simplification of procedures for everything from the sale of paints, be taken to combat terrorism. To know what is Business Intelligence During a science in itself with its own experts, the greatest asset your company has to look his own employees and executives. This fact is often forgotten is the reason why many fail BI implementations, external experts, a library with information that they alone have determined the need to build. The end result is an elegant suite of business intelligence reports that are not answered all the questions asked by the administration. After a clear description of objectives and results for every project is of crucial importance. This not only varies from one organization, but are also dependent on other circumstances. For example, the identification of best-selling success for bonuses in good times is a very different proposal, to identify the least productive sales representative for a long period of slow trading. Once you have an idea of what you need, the next step to ensure that your company has been recording data on which to base decisions, and determine whether the information is accurately recorded resistance. This can be a job was, is in itself, but good advice BI This offer as a separate analysis of one of their basic services. Despite the limited resources to get to Joe, he decided to invest in a BI expert for a week’s work, a list of required information, which he feels he is quick to use. The expert BI does his job – he cares about in a compatible interaction with Joe to communicate, provides exactly what is needed and even offers some additional thoughts about some of his experiences. Joe sells oil at a reduced price, but after the result of BI reports, it is clear that his idea will cost with oil as a gift along with other services much more emotional use of oil. Get the most out of BI, even for companies with a level of IT skills before, it is often advantageous to hire an expert at least some of the BI implementation. Good advice BI board will provide every step of the way and not just trying to sell office hours or software until you know exactly what it is to know the requirements of your business. The purchase of a two-day hearing to ensure the feasibility and identify the various options are a useful measure of a sound basis for both parties recognize. For those of BI, it can seem a daunting task to implement such a system from scratch. However, there must have been a strong advantage for a fresh start with a clear vision – have one too many implementations involved, to respond to earlier versions of BI, the more problems than they were worth. In addition, many BI implementations large and spacious, all companies try to cover at once. Bigger BI implementations can lose focus and produce the analysis for its own good without a clear operational need. Far better results are obtained when the implementations are divided into small, targeted projects. The division of labor, the service is good, the implementation logic BI field at a time, even better. Get the details of a targeted advertising campaign a good basis for examining the BI has to offer, accurately measured, including the implementation of a system of rewards staff based on a number of performance attributes. Keep is the first area of interest is a good way to quickly, the positive impact that BI can demonstrate to any organization. With the additional revenue generated by the sale of oil driven BI / offer, buying a little more oil and back into employment of intelligence experts to produce a report that runs daily. This report takes the form of a letter proposing an oil-free top-up is aimed at all customers whose cars are due for service within the next two weeks. Times are tough financially and targeted advertising Joe has a high rate of membership, that people are looking for bargains. This is a steady stream of additional revenue provides at a time when other garages are fighting in the region. Joe began to customers about Lost miracle, and highlighted the request for a report to all customers who do not have his garage visited more than two years, which was done the last work of each, the time needed for the work complete and the average time for each job type requires. Joe The results of the shock, as it is now clear that the wheel of the work of his apprentice Steve did take twice as long balancing, as they should and are apparently responsible for 70% of lost customers. Joe answers with Steve on a balancing of two days of classes and send these letters to former clients 10% discount on all services they offer to take their own garage in the month. Business Intelligence is an excellent tool to help decisions and evaluate the effectiveness of advertising, new work methods and employee performance. With only a small part of the wide range of advantages to offer BI, you can revolutionize your business. Can you not apply BI to work you?